Design Principles
These principles form the foundation of our platform, ensuring its standalone nature, security, sustainability, and compatibility.
Standalone Blockchain: The Rails Network stands tall as a self-contained Layer-1 (L1) private blockchain. With dedicated technical and business functions, it operates independently, fostering a robust ecosystem. The native Steam Exchange (STEAMX) coin serves as the base trading pair for all digital assets within the Steam Exchange ecosystem, offering seamless transactions and liquidity.
Anti-Scam Measures: At the heart of our design, we prioritize the security of our users. The node client code is equipped with advanced anti-scam features, meticulously designed to eliminate common malicious practices prevailing in the crypto ecosphere. Our commitment to safeguarding your investments and ensuring a trustworthy environment is unwavering.
Sustainability in Action: Environmental responsibility lies at the core of our design choices. The PoWbA consensus mechanism adopted by the Rails Network is environmentally friendly, mitigating the hash rate arms race. We have the ability to modify rewards for running nodes and proof of work separately, reducing energy consumption while maintaining a negligible barrier to entry.
Speed and Security: The network architecture, coupled with the chosen consensus mechanism, guarantees exceptional performance and robust security. With below-average block times and heightened transaction capacity, the Rails Network ensures efficient operations, enabling faster and more secure transactions compared to typical layer one networks.
Ethereum Compatibility: We recognize the value of existing applications and communities on existing EVM compatible chains. The Rails Network is purposefully designed to leverage the rich ecosystem of both platforms. With minimal changes required, ecosystem components, DApps, and other tools can seamlessly function within the Rails Network, fostering interoperability and ease of adoption.
Last modified 2mo ago